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Industrial turnover drops 10.1 pct in November, for thirteenth straight fall
EconomyMacroeconomyThe fall in Greece’s Turnover Index in Industry decelerated to 10.1 percent in November following... on Tuesday. A similar decline of 10.7 percent was also posted over the past twelve months. The November...-digit decline. The marked drop in November mostly reflects a similar decrease in manufacturing turnover
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Trade deficit rises by 1.2 pct in November
EconomyMacroeconomyGreece’s trade deficit edged up by 1.2 percent in November, after a double-digit drop of 16.1... for the third straight month and reached 2.22 billion euros in November, which represents the third... months and stood at 3.77 billion euros in November, which is also the third highest reading for 2016
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Industrial turnover rebounds 2 pct in November
EconomyMacroeconomyGreece’s Turnover Index in Industry rebounded by 2 percent in November after an upward revised drop.... The November headline figure indicates the third positive reading in the last four months. However... to the double-digit decreases in the first five months of 2016. The upward movement in November
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Car sales rise by 16.1 pct in November
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 16.1 percent in November from... for November stood at 12,219, down slightly from October’s figure of 12,737. Passenger cars rose... for the 11-month period up to the end of November showed that car sales increased by 21.1 percent
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Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
EconomyMacroeconomyGreece’s new tax debt rose by 1.19 billion euros in November, a slight increase on October’s figure... to 1.34 billion in November after dropping to 28.3 million in October, reflecting the last installment... revenues stood at 42.37 billion euros in November, it can be concluded that for every 3.85 billion
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Unemployment rate at 20.9 pct in November, slight upward revision for October
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 20.9 percent in November after October... on Thursday. In November, a decrease of 9,659 people employed was noted versus the previous month... decrease month-on-month to 4.8 million in November. The inactive population rose by 7,062 compared
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeat a special Eurogroup meeting that is due to take place on November 19 with the primary aim of preparing... of the November 19 gathering of finance ministers from the single currency area although the focus... on the sidelines, on November 19 so that the matter can be settled before Athens has to submit the final
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November deposit inflows stay negative by 79.4 mln for second consecutive month
EconomyMacroeconomyNet deposit movement in the Greek banking system remained negative for a second month in November... in positive deposit inflows into the Greek banking system until recently. In November last year... deposits, which also include the general government (gg), rose by 240 million in November to come
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PMI drops to 42.3 points in November as second lockdown hits
EconomyMacroeconomyGreece’s manufacturing PMI fell to 42.3 points in November from 48.7 points in October, according... client demand. Export orders also fell markedly in November. Manufacturers reported reduced demand... and reduced client demand, firms continued to reduce employment numbers in November. Jobs were lost
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Current account shows deficit of 1.26 bln in November
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 1.26 billion in November compared... year-on-year (YoY). According to the BoG, November’s performance is due to an improvement in both... that in November this year, around 68.4 million euros is missing from the travel balance for the month. Travel
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